A federal court lays down new law on exchange liability for forked crypto assets
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Quick Take
- A new case from a Georgia federal court addresses the obligation of exchanges to customers for Bitcoin forks
- Court in BDI Capital, LLC v. Bulbul Invs. LLC analogizes fork to stock split and holds that an exchange has no obligations to customer with respect to forks unless it undertakes affirmatively to support them
- Also, a new ICO lawsuit involving the Hoard token gives us a window into how Plaintiffs deal with statute of limitations issues for failure to register claims.
A new case from a Georgia federal court addresses the obligation of exchanges to customers for Bitcoin forks.
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